Compliance Officer – AML/CFT (Contract)

Kookmin Bank; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global banking institution in Singapore is seeking a compliance specialist for a 6-month contract to provide advisory services related to regulatory compliance and AML/CFT. The ideal candidate will have 5-7 years of AML/KYC experience, preferably in corporate or investment banking, and hold a relevant bachelor's degree. Strong analytical skills and a compliance mindset are essential for success in this role.

Qualifications

• 5-7 years of experience in AML/KYC.
• Preferably with corporate & investment banking exposure.
• ACAMS or similar certification is a plus.

Responsibilities

• Provide advisory on regulatory compliance and AML/CFT.
• Review impact of new/updated laws on the Branch.
• Conduct in-house training on compliance matters.

Skills

Analytical skills

Interpersonal skills

Compliance mindset

Education

Bachelor's degree in Banking/Finance or related fields

Job description

We are looking for a mature & experienced individual on a 6 months contract basis. This role may potentially be converted to permanent position to support business growth.

Main role & responsibilities:

• Provide advisory to the business from the regulatory compliance and AML/CFT perspective
• Review and assess the impact of new/updated laws and regulations and MAS Circulars have on the Branch.
• Maintain the compliance function in the internal system (MyStarG) such as conducting UAE tests, liaising with IT headquarter on enhancement and improvements and assist in reviewing the parameters and thresholds for reasonableness.
• To assist in 2ndline review of KYC (FI and/or Corporates); To assist in clearing hits & transactions and other AML-related initiatives
• Assist to monitor the effectiveness of the internal control system.
• Maintaining Watch list database
• Respond to General Manager’s and Head Office’s query with respect to any compliance and AML/CFT related matters and update them on any changes in regulations and impact on the Branch
• Conduct in-house training and disseminate regulations and rules in relation to compliance and AML/CFT related matters

Requirements:

• 5-7 years of experience in AML/KYC
• Preferably with exposure in corporate & investment banking and/or capital markets business
• Bachelor's degree holder in the field of Banking/Finance, or other business-related fields
• Analytical and detail-oriented
• With strong compliance mindset and good interpersonal skills
• Mature and a self-motivator, problem solver
• ACAMS or any other Certification is a plus but not mandatory
• 6 months contract